Florida Boomtown Borrows $65 Million to Help Fix Bursting Jail [BNN Bloomberg (Canada)]
Mettler-Toledo International, Inc. (MTD)
Last mettler-toledo international, inc. earnings: 2/6 04:10 pm
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Source: BNN Bloomberg
Pasco County — located on Florida's Gulf Coast — borrowed $65 million from municipal bond investors this week to help finance capital projects including an expansion of its local correctional facility to add about 500 new beds, according to bond documents. A portion of proceeds will also be used to fund improvements to local parks. The new Pasco County Corrections Center broke ground last year and construction is expected to be completed in the spring of 2026. The project comes after surging population growth in the area. The county saw a 27% increase in residents over the past decade, with growth accelerating the last several years after slew of office relocations and sports facilities made it a regional center for jobs. Pasco County's growth spurt comes as companies have relocated or expanded in the area, notably Mettler-Toledo International Inc. and Raymond James Financial, which is building a new office campus, according to bond documents. Only Polk County — located just west
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News
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- Mettler-Toledo International Inc. (NYSE: MTD) had its price target lowered by analysts at Stifel Nicolaus from $1,550.00 to $1,450.00. They now have a "buy" rating on the stock.MarketBeat
- Mettler-Toledo International Inc. (NYSE: MTD) had its price target lowered by analysts at Wells Fargo & Company from $1,400.00 to $1,350.00. They now have an "equal weight" rating on the stock.MarketBeat
- Mettler-Toledo International Inc. (NYSE: MTD) had its price target lowered by analysts at Robert W. Baird from $1,375.00 to $1,310.00. They now have a "neutral" rating on the stock.MarketBeat
MTD
Earnings
- 11/7/24 - Beat
MTD
Sec Filings
- 11/14/24 - Form 4
- 11/14/24 - Form 4
- 11/14/24 - Form 4
- MTD's page on the SEC website